Facebook confronted an intensifying crisis as political leaders in the U.S. and Europe called for inquiries into the tech giant’s handling of user data, scrutiny that sent the company’s stock to its biggest decline in four years.97

The continuing presence of Christian aid workers in North Korea has sharpened debate over whether gifts of food and medicine allow Kim Jong Un’s regime to divert domestic spending to its nuclear arms program. Aid groups say they are building goodwill.178

Saudi Arabia is scaling back its ambitions for a public offering for oil giant Aramco, moving ahead with a listing next year solely on the Saudi stock exchange while taking more time to decide if an international venue is worth it, government officials and others close to the process say.

Business

The A-hed

Oracle Corp.’s shares sank 6.5% in late trading Monday after the company disappointed Wall Street with its guidance for cloud-computing revenue in the current quarter—the third-consecutive period it has done so.

Google and Facebook have dominated the U.S. digital advertising market for years, but new data show signs that platforms like Amazon and Snapchat are chipping away at the digital duopoly’s market share.

For Qualcomm CEO Steve Mollenkopf, having fended off an unwanted takeover from Broadcom just leaves more headaches, from customer disputes to unhappy shareholders to a long-shot takeover bid from his former boss.

Streetwise

The Federal Reserve could be mistaken in two ways. The economy might be less strong than central bankers think, or it might be strong but create less inflation. Evidence for both views has been coming through this month.

Micro Focus’s $8.8 billion merger with Hewlett Packard’s software business represented a rarity 18 months ago: a British tech company taking over a foreign one, rather than the other way around. It hasn’t worked out as planned.

The chairman of the Securities and Exchange Commission pressed exchanges to end a standoff that has delayed the launch of a massive database meant to track all activity in the stock and options markets.

Six months after Hurricane Maria barreled ashore, economic activity in Puerto Rico has picked up, but businesses large and small are struggling amid electricity woes and an exodus of residents. Electricity woes continue to plague the island, where 91% of power generation has been restored but the grid is prone to sudden outages.109

Pennsylvania Republicans suffered two more blows in their long efforts to block a new congressional map imposed by the state’s high court, in legal actions that all but cleared the way for new districts that could benefit Democrats.83

Repercussions from Andrew McCabe’s dismissal moved to Congress, with lawmakers calling for hearings, Democrats extending job offers to ex-FBI official and a GOP senator saying he didn’t think President Trump would fire special counsel Robert Mueller.

Russian President Vladimir Putin’s victory in Sunday’s presidential election has left deep divisions in an opposition movement that had been buoyed in recent months by countrywide protests, but that failed to translate its momentum into a broad political movement.

Crew of the Open Arms had refused to hand over migrants to Libya, as required in a Libyan-Italian agreement, because of concerns about the conditions in which returned migrants are being held in Libya.

Palestinian Authority President Mahmoud Abbas on Monday called the U.S. envoy to Israel a “son of a bitch,” in a fresh sign of the dire relations between Washington and the Palestinians and the hurdles to peace talks.